PSIG vs TPCS: Correlation
Measured on weekly returns over the past three years, PS International Group Ltd. (PSIG) and TechPrecision Corporation (TPCS) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PSIG and TPCS?
Over the past 3 years, PSIG and TPCS moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.40 versus -0.21 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -2021.1 %².
Among the 55 assets we track against PSIG, TPCS ranks #19 by 3-year correlation. The last year tells two different stories: TPCS led by 57.4 percentage points, -53.9% for PSIG against +3.5% for TPCS. One caveat on sizing: PSIG is 2.2 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
PSIG vs TPCS: side by side
| PSIG (PS International Group Ltd.) | TPCS (TechPrecision Corporation) | |
|---|---|---|
| 1-year return | -53.9% | +3.5% |
| 5-year return | n/a | -11.6% |
| Volatility (ann.) | 157.0% | 71.2% |
| Beta vs S&P 500 | 0.97 | 0.74 |
| Max drawdown (3Y) | -96.0% | -71.6% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PSIG | TPCS |
|---|---|---|
| 2022 | – | +2.0% |
| 2023 | – | -37.4% |
| 2024 | – | -29.5% |
| 2025 | +8.3% | +32.3% |
| 2026 | -62.9% | +14.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PSIG and TPCS good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between PSIG and TPCS?
As of 2026-08-27, the correlation of weekly returns between PSIG and TPCS is -0.21 over 3 years, -0.40 over 1 year and n/a over 5 years.
Is TPCS a good diversifier for PSIG?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/psig-vs-tpcs.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/psig-vs-tpcs/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PSIG correlations · TPCS correlations
